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Paul Manafort admitted to hospital

Source: CNN

(CNN)Paul Manafort is in the hospital after suffering a heart ailment while in prison, a source familiar with the matter said Tuesday.

The former Trump campaign chairman is serving a seven-and-a-half-year sentence in a Pennsylvania prison for financial crimes that stemmed from special counsel Robert Mueller's investigation.

He was admitted to the hospital on Thursday, lawyer Todd Blanche said. Blanche said Manafort was in stable condition, though he said that he, along with Manafort's family, was being kept in the dark about the full extent of Manafort's medical condition.

A spokeswoman for the Federal Bureau of Prisons declined to comment, citing safety and privacy concerns for inmates.

Read more: https://www.cnn.com/2019/12/17/politics/paul-manafort-hospital/index.html
Posted by Seedersandleechers | Tue Dec 17, 2019, 06:31 PM (45 replies)

Financing for Sports Stadiums Could Count as Helping the Poor

Source: Bloomberg

For decades, the U.S. has required banks to steer a portion of their money to people in poor neighborhoods. Now, under proposed rule changes, banks may finance upgrades to sports stadiums, call it helping the poor -- and potentially even get a generous tax break.

That scenario might seem oddly specific, but it’s what two regulators appointed by President Donald Trump said last week they may allow as they undertake the most significant rewrite of the Community Reinvestment Act in a quarter-century. The agencies drafted a long list hypothetical ways banks could seek to meet their obligations, including this sentence on page 100 of their proposal:
“Investment in a qualified opportunity fund, established to finance improvements to an athletic stadium in an opportunity zone that is also an LMI census tract.” (LMI refers to low- or moderate-income.)

There are well over a dozen NFL venues nestled in so-called opportunity zones. They include M&T Bank Stadium in Baltimore, home of the National Football League’s Ravens, which this year completed $120 million in upgrades such as a new sound system. In Denver, there’s Empower Field at Mile High, where the Broncos play. And in Las Vegas, a new stadium is being built for the Raiders. There also are facilities for professional baseball, basketball, soccer and hockey teams in the zones.

Read more: https://www.bloomberg.com/news/articles/2019-12-16/banks-may-call-nfl-stadium-financing-aid-to-poor-in-rule-change
Posted by Seedersandleechers | Mon Dec 16, 2019, 06:03 PM (15 replies)

300 Saudi military aviation students grounded in U.S. after base shooting

Source: Reuters

WASHINGTON (Reuters) - Roughly 300 Saudi Arabian military aviation students have been grounded as part of a “safety stand-down” after a Saudi Air Force lieutenant shot and killed three people last week at a U.S. Navy base in Florida, U.S. officials told Reuters on Tuesday.

The FBI has said U.S. investigators believe Saudi Air Force Second Lieutenant Mohammed Saeed Alshamrani, 21, acted alone when he attacked a U.S. Navy base in Pensacola, Florida, on Friday, before he was fatally shot by a deputy sheriff.

The shootings have again raised questions about the U.S. military relationship with Saudi Arabia, which has come under heightened scrutiny in Congress over the war in Yemen and Saudi Arabia’s killing of Washington Post columnist Jamal Khashoggi last year.

Still, U.S. military leaders have sought to portray this as a localized issue which would not affect the overall U.S.-Saudi relationship.

Read more: https://www.reuters.com/article/us-usa-saudi-military-exclusive-idUSKBN1YE2GY

Posted by Seedersandleechers | Tue Dec 10, 2019, 05:31 PM (21 replies)
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